Kristopher Westbrooks, the Executive Vice President and Chief Financial Officer of TimkenSteel Corp, undertook a significant move in the stock market on December 18, 2023, by selling 7,657 company shares. Over the past year, Westbrooks has sold a total of 19,469 shares without any corresponding purchases.
TimkenSteel Corp holds a prominent position as a manufacturer of alloy steel, carbon, and micro-alloy steel. The company’s product range includes specialized items like mechanical tubing, gear steel, and high-performance alloy steel bars and billets.
During the insider’s recent stock sale, TimkenSteel Corp shares were trading at $23, leading to a market capitalization of $1.024 billion.
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